Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU) Hits New 12-Month High – Time to Buy?

Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU) shares hit a new 52-week high on Friday . The stock traded as high as $74.56 and last traded at $74.5620, with a volume of 423194 shares. The stock had previously closed at $73.56.

Vanguard FTSE All-World ex-US ETF Stock Up 1.3%

The stock has a fifty day moving average of $72.97 and a 200-day moving average of $70.53. The stock has a market capitalization of $53.16 billion, a PE ratio of 15.97 and a beta of 0.77.

Hedge Funds Weigh In On Vanguard FTSE All-World ex-US ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its stake in Vanguard FTSE All-World ex-US ETF by 18.7% in the 3rd quarter. Bank of America Corp DE now owns 23,964,732 shares of the company’s stock valued at $1,710,363,000 after buying an additional 3,773,620 shares during the period. Northern Trust Corp boosted its position in Vanguard FTSE All-World ex-US ETF by 2.9% during the third quarter. Northern Trust Corp now owns 16,670,811 shares of the company’s stock worth $1,189,796,000 after purchasing an additional 466,171 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Vanguard FTSE All-World ex-US ETF by 3.1% during the second quarter. Envestnet Asset Management Inc. now owns 10,115,902 shares of the company’s stock worth $679,991,000 after acquiring an additional 300,177 shares during the last quarter. Sanders Capital LLC lifted its holdings in shares of Vanguard FTSE All-World ex-US ETF by 184.8% in the third quarter. Sanders Capital LLC now owns 9,042,229 shares of the company’s stock valued at $645,344,000 after purchasing an additional 5,866,945 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of Vanguard FTSE All-World ex-US ETF by 0.4% in the third quarter. PNC Financial Services Group Inc. now owns 7,684,416 shares of the company’s stock valued at $548,437,000 after purchasing an additional 28,213 shares during the last quarter.

About Vanguard FTSE All-World ex-US ETF

Vanguard FTSE All-World ex-US ETF (the Fund) is an exchange-traded share class of Vanguard FTSE All-World ex-US Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the FTSE All-World ex US Index (the Index). The Index includes approximately 2,200 stocks of companies in 46 countries, from both developed and emerging markets worldwide. The Fund invests in a diversified sampling of stocks in the Index that approximates the Index’s key risk factors and characteristics.